Four projects win $4M in JobsOhio Vibrant Community grants

JobsOhio recently announced four Ohio cities “will receive assistance through the Vibrant Community Grant Program to revitalize downtowns and main streets through targeted investments across Ohio,” PR Newswire reports. The cities of Van Wert, Sandusky, Coshocton and Painesville will receive competitive grants of “up to $2 million per project that will effectively close the gap on development projects” that are expected to create and retain over 100 jobs in total, according to the article. The projects include Van Wert Forward, a $75 million project to redevelop approximately 48 buildings; The Coshocton Collaborative, a renovation of a three-story vacant downtown building to serve as an incubator, co-working and maker space; Victoria Place in Painesville, the renovation of a mixed-use downtown building including office and residential space; and the Hogrefe-Cooke Building in Sandusky (see our August 27, 2021 blog post), construction of a new mixed-use building that will include retail, office and residential space. For more, read the full article

Economic Development, Financial Incentives, State Updates